New Service Launched by SR&ED

Published on Tuesday, August 16, 2016

Businesses and research and development (R&D) stakeholders have asked the Canada Revenue Agency (CRA) to make its Scientific Research and Experimental Development (SR&ED) Program more predictable, in a more consistent way across Canada. Accordingly, the CRA is revamping its suite of services for the SR&ED Program. We no longer offer the Pre-Claim Project Review and the Account Executive services, and we are introducing a new service called the Pre-Claim Consultation.

provide a decision in a written report that confirms whether your work qualifies for SR&ED tax incentives. This decision corresponds to Step 1 of the Eligibility of Work for SR&ED Investment Tax Credits Policy only. The report will not include a decision on the extent of eligible work or allowable expenditures;

Another new initiative, the Pre-Claim Review, will be launched as a pilot project in the summer of 2016. This is a review that happens before the filing of a claim. The Pre-Claim Review is intended to give assurance to claimants that their entire claim will be accepted as filed after they send it to the CRA.

We recognize the advantages of consulting and working with our key stakeholder associations and organizations to find solutions to reduce the administrative burden for SR&ED claimants. The SR&ED Program’s suite of services goes a long way in helping businesses to “get it right from the start”, reducing the time and effort required to file a successful claim.